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SOME SUGAR STOCKS

In the previous post of performed stocks list, sugar stocks are the top most gainers, in fact , it is not surprised one (at least for me) but it was expected and anticipated.

Holding the sugar stocks in the last 10 years is not the matter but when the momentum starts after a long consolidation/congestion , whether we bought and hold in this momentum is the matter because this is the cream, which must be capitalize and we also know that these momentum can't sustain very long period also.

The following text was sent as a mail to some of my privileged people on 15th Nov. 2015 itself.

The text starts with....

As for as Sugar stocks concerned,
NSE alone almost 26 stocks listed. In general, there is no individual
character for sugar stocks , all sugar stocks behave
wholesome in up move and in the same way, down move also they behave
wholesome only. So the general pattern and movements are look like PSU
bank stocks.

In U.S., Sugar moved up from Sept. on wards after a bottom formed in Aug. and
already it move up from $10 to $ 15 that is 50% from the low. As per my
understanding it face resist between $18--- $ 20.(not expect much more beyond
that at least for another 6 to 12 months).

U.S. SUGAR monthly

​

In INDIA.

Here, sugar stocks have started some upward momentum in
Oct on wards, It seems that the momentum going to continue some more
months irrespective of the market condition.(because it did't not participate
any move in the last 10 years).

Last year by this date, WONDERLA was at 372, exactly after a year, yesterday it was at 381, whereas, leave it other individual stocks performance, broad market index of NIFTY 500 itself gave 21% absolute return during this period. https://t.co/sQMIhxK5co
— Murugavel (@murugavell) February 28, 2018

JINDALSTEL - after a year
now the Market Cap more than 24K Cr but a year before it was at 7K Cr || good stock only can give fabulous return not good company || https://t.co/q67V1MMAOF
— Murugavel (@murugavell) February 28, 2018